• Publish Date: Posted 2 months ago

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  Author:by Anthony Butler

Why Recruit-Train-Deploy is transforming insurance pricing talent acquisition in the UK

The insurance pricing talent crisis is real.Every pricing, actuarial and data science leader across the UK insurance industry knows the struggle - a shrinking pool of qualified insurance pricing professionals, soaring salaries and the constant battle to retain the best talent who are headhunted weekly.But what if there was a smarter, faster and more sustainable way to build high-performing insurance pricing teams for the future?Enter RTD - Recruit, Train, Deploy - the future of pricing and analytics talent developmentAt Gerrard White, we’ve built the UK-first Recruit-Train-Deploy (RTD) programme specifically designed to tackle the pricing talent shortage in insurance head-on.→ We don’t just hire pricing talent. → We create it – purpose-built for UK insurance.What is the Recruit-Train-Deploy (RTD) model?RTD is a proven workforce model, now uniquely adapted to meet the specific needs of insurance pricing, actuarial, data science, analytics and machine learning teams.We identify high-potential individuals from both traditional and non-traditional backgroundsWe deliver an intensive 10-week, Insurance-specific training academy led by market-leading expertsWe deploy trained, work-ready consultants directly into your pricing teams – fully embedded, engaged and adding value from day oneThe business case for RTD on insurance pricing recruitmentHiring for specialist roles in pricing has become increasingly unsustainable:Salaries for pricing talent have increased by 30%+ in the last 2 yearsThe same pool of candidates is being targeted by every major insurerInternal diversity and inclusion targets are being missed due to limited access to diverse talentRTD changes that.Our RTD model……rapidly builds future-fit pricing teams.…drives diversity of thought, background and experience.…deduces time-to-hire from months to weeks.…creates loyalty and retention and delivers long-term value from day one.Why RTD drives diversity into pricing & data rolesThe traditional insurance recruitment model doesn’t fully support diversity, not in terms of gender, ethnicity, socio-economic background or even thought process.Our RTD approach is different. We actively seek out brilliant people who wouldn’t typically have had access to, or even considered, a career in insurance pricing.Graduates from a wide range of academic disciplinesCareer changers from adjacent, data-rich industriesTalent from under-represented communitiesReturners to work and ex-forces who have an incredible untapped skillset and the capacity to bring their learned skills in a new directionThe result? Fresh thinking, new perspectives, greater innovation and teams that better reflect your customers and the evolving insurance landscape.A talent solution built for the UK insurance marketWe know the UK insurance market inside out, and we’ve used this expertise and our understanding of the unique dynamics of the industry to develop an RTD programme to match the exact requirements.RTD isn’t an off-the-shelf solution; our academies are built around real business needs:GI Pricing frameworksPersonal Lines & Commercial Lines PricingInsurance-focused Data Science & Machine Learning Essential technical Tools like Radar, Emblem, Python, SQL and moreRegulatory and commercial acumen specific to the UK Insurance marketThis means that every one of our RTD consultants is ready to deliver real-world impact from the moment they join your business.Future-Proof your insurance pricing team - todayWhether you’re hiring pricing analysts, actuarial modellers or insurance data scientists - RTD gives you a new, scalable pipeline of skilled, diverse and future-ready talent.Enabling you to:Boost pricing capabilityImprove team diversityReduce recruitment costs Accelerate delivery timelinesLet’s Build the Future of Insurance Pricing TalentIf you are ready to find out how our RTD solution can help you create your insurance pricing team of tomorrow - get in touch today. We’ll show you how we can build the next generation of pricing and actuarial talent.Anthony Butler – 07843 625 559 | anthony.butler@gerrardwhite.com